General Growth Properties and the Pinnacle Group broke ground on the 106-acre Pinnacle Hills Promenade open-air shopping center in Rogers, Ark. The 980,000-square-foot center will include retail, dining and office space. It will house a Dillard's, JC Penney and AMC Theatres.
Childress Klein Properties, General Growth Properties and Belk are developing the 1.3 million-square-foot Bridges at Mint Hill Lifestyle Center outside Charlotte, N.C. The open-air center will feature a Belk, two other freestanding department stores, restaurants and a movie theater. It is slated for a spring 2007 opening.
Real Estate development and management company Struever Bros. Eccles & Rouse Inc. named John Pezzulla as its director of property management. Pezzulla will oversee the company's property management division, which covers office, retail and mixed-use properties in Maryland and Delaware.
Real estate investment firm Westcore Properties LLC has named Victoria Burkheimer as its acquisition associate. She will analyze acquisitions and portfolio management in the Northernregion as the company tries to acquire $150 million in property there.
Real estate firm GK Development Inc. named Daniel Sullivan as its senior vice president of development. Sullivan will identify development opportunities for the company and help to redevelop its regional mall portfolio.
Northfield, Ill.-based Next Realty LLC hired Ann Baumann as its director of leasing. She will handle tenant relations for the company's portfolio in 11 states and valued at $225 million. She was a former associate at Grubb and Ellis.
REIT Macerich Co. has named Skip Kuhn as its vice president of real estate. Kuhn joined Macerich in 2003 and was formerly the company's senior manager of development.
Chelsea Property Group opened the 178,000-square-foot first phase of the Toki Premium Outlets near Nagoya, Japan, located between Tokyo and Osaka. The center has 85 international retailers including Adidas, Coach, Timberland and Versace. A second phase is planned, but no further details were provided.
Commercial real estate firm Colliers Seeley International named John Beaney as senior vice president of retail leasing and sales. Beaney will create and implement a market development plan in the Western U.S. He formerly served as senior vice president of the Western region for Katz & Associates.
South Bend, Ind.-based Holladay Properties will develop Seventy West, a 375-acre, $750 million mixed-use project located next to the Indianapolis International Airport. The center will have over one million square feet of retail, and groundbreaking is set for summer 2005.
Poag & McEwen Lifestyle Centers named Dave Lawrence, Chris Wichmann and Scott Kern to the company's development team. Lawrence was formerly the director ofand new development at Tri-Star Realty Partner. Wichmann was senior project manager at EMJ Corporation while Kern worked for 3rd Works, LLC in San Diego.
The Chevy Chase Land Co. of Montgomery County, Md. announced an October 2005 opening for its 112,000-square-foot high-end The Collection at Chevy Chase. Tenants include Christian Dior, Louis Vuitton, Tiffany & Co. and Ralph Lauren.
General Growth Properties promoted David Pratt to senior vice president of asset management where he will oversee the Third-Party Management Division. He's been with the company for six years and was formerly its vice president of leasing.
Vestar/Kimco Tustin, LLC, a joint venture between Vestar Development and Kimco, scheduled groundbreaking on the 1 million-square-foot District at Tustin Legacy lifestyle center for the second quarter 2005. Located on the former Marine Corps Air Station Tustin site, the center will feature retail, dining, a specialty grocer and movie theater.